28 Jul 2008 09:15
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1924/002590/06)
Share Code: AFE ISIN NO ZAE000000220
("AECI" or "the Company")
CHANGES TO THE BOARD OF DIRECTORS
AECI is pleased to announce the appointment of Mark Kathan (38) as an Executive Director and Chief Financial Officer of the Company, with effect from 1 September 2008.
Mark is a chartered accountant and, most recently, served as a member of the group executive management of a JSE Limited-listed company. He has gained experience not only in South Africa but also in other African countries. In his career, he has held positions covering a range of commercial activities, as well as auditing, management accounting and corporate finance.
Mark will succeed Roger Williams who has resigned from AECI, with effect from 31 August 2008. Shareholders were notified of Roger's intentions in this regard in a SENS announcement published on 9 May 2008.
AECI thanks Roger for his insight and contribution and looks forward to Mark's input to the affairs of the Company and the Board.
Woodmead, Sandton
28 July 2008
Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)
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